Palace Auctions (London) LTD, London

Collingwood Court, Sulgrave, Washington, Sunderland

Guide price

£15,000

Auction

Size

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Tenure

Leasehold

EPC

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Parking

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Primary use
Residential development
Other use(s)
Hotel

No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Parking
  • Transport links
  • Well connected
  • Open plan

Key features

  • Two-bedroom leasehold flat with 86 plus years remaining on lease.
  • Spacious lounge (19’0 x 14’6) and fitted kitchen (10’6 x 5’9).
  • Guide price £15,000 plus buyers premium and vendor’s special conditions.
  • Previously achieved rental income of £5,160 per annum.
  • Service charge £1,000 pa; ground rent £10 pa.
  • Gas central heating and uPVC double glazing throughout.
  • Vacant possession; ready for internal updating and reconfiguring.
  • Lot 21 in Palace Auctions London, auction.
  • Located in a high-yield North East region (average yields 7.9%+).
  • Close to regeneration zones and excellent transport links.

Description

LOT 21 – FOR SALE BY AUCTION
159 Collingwood Court, Washington, Tyne and Wear NE37
Guide Price £15,000*
Wednesday 28 October 2026 at 1.00pm – Claridge's, Brook Street, Mayfair, London W1K 4HR

SPECIAL CONDITIONS OF SALE: CRITICAL BUYER INFORMATION
Please remember: All potential buyers MUST read the Special Conditions of Sale for this lot before bidding. These documents contain vital information about the property, including legal, financial, and compliance matters that may affect your decision to purchase. The Special Conditions are available in the legal pack provided by Palace Auctions. Failure to review these conditions could result in unforeseen liabilities or obligations. For your protection, we strongly advise consulting a solicitor or professional adviser before bidding.

THE PROPERTY
A vacant two-bedroom leasehold flat in Collingwood Court, a purpose-built block arranged around landscaped communal gardens. The flat needs updating. The seller states it was previously let at £5,160 a year.

ACCOMMODATION

Entrance hall
Lounge: 19'0" x 14'6" (5.79 x 4.42 m)
Kitchen: 10'6" x 5'9" (3.20 x 1.75 m)
Bedroom 1: 11'0" x 11'0" (3.35 x 3.35 m)
Bedroom 2: 10'9" x 10'0" (3.28 x 3.05 m)
Bathroom with bath, wash basin and WC
Gas central heating and uPVC double glazing

TENURE AND OUTGOINGS
Leasehold, with about 89 years remaining. The service charge is £1,000 a year and the ground rent £10 a year, as stated by the seller. Please check these against the lease and management information in the legal pack.

LOCATION
Collingwood Court is in the north of Washington, in the City of Sunderland. Local shops, schools and parks are nearby, and The Galleries town centre is a short drive away. The A194(M), A1(M) and A19 give easy access to Sunderland, Gateshead and Newcastle.

VIEWING
Strictly by appointment with Palace Auctions.

AUCTION TERMS

10% deposit on exchange; contracts are unconditional and binding
Buyer's premium 2%, minimum £2,000 + VAT
Contract documents charge £850 + VAT
At a hammer price at guide, fees total £3,420 including VAT, giving £18,420 overall, plus any sums in the Special Conditions, SDLT, Land Registry fees and legal costs
Completion as stated in the Special Conditions of Sale
Register in advance; ID/AML checks apply

CONTACT
Edward Swindells, Auctioneer – –
Bridgett D Dickens, Senior Negotiator –
Office – –

*A guide price is not a valuation. With a single-figure guide, the reserve will be within 10% of that figure. The guide and reserve may change up to auction day. Please read the legal pack and Special Conditions before bidding.
Palace Auctions (London) LTD, London

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Additional information
Service charge
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Business rates
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Use class
C3
Listed building
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Planning permission
None
Leasehold: 89 years left
Tenure
Leasehold
Length of lease
89 years left
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Collingwood Court, Sulgrave, Washington, Sunderland

NEAREST STATIONS

London Tram

South Hylton Metro Station

2.59 miles

London Tram

Pelaw Metro Station

2.8 miles

London Tram

Fellgate Metro Station

3.05 miles

About Palace Auctions (London) LTD, London

Palace Auctions (London) LTD, London

Palace Auctions London is a leading property auctioneer, specialising in residential and commercial sales across all London boroughs and beyond. Our award-winning team combines unrivalled local expertise with global reach, offering both in-room and advanced online auctions for maximum exposure and certainty of sale. We provide transparent, competitive bidding, legally binding transactions, and a seamless process from expert valuation to completion—typically within 28 to 56 days.

Our services include free market appraisals, tailored marketing, legal pack preparation, and specialist advice for investors, developers, first-time buyers, and charities. With a 95% completion rate and record results in prime London areas, we deliver swift, secure sales and outstanding value for every client.

Contact our Mayfair office for a confidential discussion about your property needs.

11 Old Bond Street, London, W1S 4PN | 07971033276 or 0207 101 3647

Opening Hours: Mon–Sat 5am–8:30pm

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Disclaimer - Property reference PALRM220620265. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Palace Auctions (London) LTD, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.